Netflix Is in Talks to Buy LA Studio Lot Seized by Goldman (1)

Netflix Inc. dropped out of the bidding for Warner Bros. Discovery Inc., but it may now get another, smaller studio lot for a lot less money.

The streaming TV pioneer is said to be in talks to buy a historic Los Angeles movie studio lot for a fraction of its 2021 $1.85 billion sale price after lenders including Goldman Sachs Group Inc. repossessed the property.

The final price for Radford Studio Center hasn’t been determined and the deal still hasn’t closed, according to four people with knowledge of the discussions. The potential price is less than one-third of the ...